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Analyst: $60 game price maybe too high
Gamedaily is reporting that analyst Jeetil Patel of Deutsche Bank believes the pricetag of $60 is probably too high to keep up for gamers to continue buying them
Meanwhile, game publishers continue to say that next-gen titles demand more investment and therefore require a higher pricetag.
We'll see in the long run who's right :)
"We believe the inability to sustain $60 into April suggests consumer appetite for premium priced titles is questionable. Note the reported reductions include Xbox 360 SKUs of the bellwether Madden game, as well as Tiger Woods & FIFA, the latter two being released this past quarter (all three cut from $60 to $50). Recall that EA also cut Xbox 360 prices in May-06 despite selling into price insensitive early adopters," Patel continued.
Meanwhile, game publishers continue to say that next-gen titles demand more investment and therefore require a higher pricetag.
We'll see in the long run who's right :)
In other news:


11 Comment(s)
Anonymous
Anonymous
Vexxed
derf26 (old)
iamposthuman
derf26 (old)
Demand for games has also risen as mroe people have computers and it's 'cooler' to game.
Herrdidi
Demand for games has also risen as mroe people have computers and it's 'cooler' to game.
I still think it's funny. A $50 game (in the US) costs us about €60... Hey wait a minute here, isn't the exchange course of the USD vs EURO like, in favor of the EURO, as in, it's supposed to be less then 50 Euros to buy a $50 game.
How bizarre... So we (in Europe) pay about $74 (if im correct) for a $50 game.
derf26 (old)
Demand for games has also risen as mroe people have computers and it's 'cooler' to game.
I still think it's funny. A $50 game (in the US) costs us about €60... Hey wait a minute here, isn't the exchange course of the USD vs EURO like, in favor of the EURO, as in, it's supposed to be less then 50 Euros to buy a $50 game.
How bizarre... So we (in Europe) pay about $74 (if im correct) for a $50 game.
Yup and that has nothing to do with the exchange rate, but rather with all the fucking taxes. Tax on income (means companies set higher prices to compensate). Tax on imports (means importing each game costs more), high VAT, etc.
Damn Europe, you'd think with such high taxes they would have free medical services other than just in England or something? I don't think even the communists in the USSR charged that much...
Herrdidi
Parallax
When it says $50 it is $50, unless it says excluding VAT. Same thing with everything you buy, tax rates has already been included in the price unless it says otherwise (of course the tax rates are different from country to country). This has been the case when I have bought and imported games from the US, Asia, UK, and other countries.
Silent_Bob